Competitor wins bid for bankrupt distillery

December 26, 2018 8:18 am Leave a comment

In this Nov. 26, 2018 photo, a sign sits outside Death's Door Spirits in Middleton, Wis. A competing distillery has submitted a winning bid of nearly $2.5 million for Death’s Door Distillery in Middleton, which filed for bankruptcy in November. (Barry Adams/Wisconsin State Journal via AP)

Wisconsin's largest distillery is on the path to new ownership after filing for bankruptcy last month.

Court: Contractor can’t get rid of theft-by-contractor judgment in bankruptcy

March 20, 2018 3:12 pm Leave a comment

A federal court has found that a bankruptcy declaration won't prevent a Chippewa Falls contractor from having to pay back nearly $24,000 owed to two ex-customers.

Tagged with: bankruptcy theft by contractor

Appeals court rejects Neenah Foundry’s new employer claim

January 29, 2015 11:23 am Leave a comment

For years, the Neenah Foundry Co., Neenah, Wis., has been known for its tree grates (above), manhole covers and sewer covers.

A state appeals court has ruled Neenah Foundry's reorganization following bankruptcy doesn't mean the company should be considered a new employer in terms of the state's unemployment system.

Tagged with: bankruptcy unemployment

Court to consider when second mortgage can be void

November 17, 2014 8:57 am Leave a comment

A forclosure sign tops a for sale sign outside a home in Denver. Foreclosure activity jumped in 149 of the 206 largest metropolitan areas in the U.S. last year, according to foreclosure listing firm RealtyTrac Inc. (AP File Photo/David Zalubowski)

The U.S. Supreme Court will decide whether homeowners who declare bankruptcy can void a second mortgage if the home's market value has dropped below the amount they owe on their first mortgage.

Tagged with: bankruptcy mortgages

Bankruptcy judge approves sale of YMCA properties

October 1, 2014 8:53 am Leave a comment

A federal bankruptcy judge has approved the sale of four suburban Milwaukee YMCA properties for $9 million.

Tagged with: bankruptcy YMCA

Beware when shopping at bankruptcies

April 11, 2014 2:41 pm Leave a comment

Bankruptcy cases can provide valuable opportunities for bargain shopping.

Tagged with: bankruptcy foreclosures

Wisconsin co. bids for idled SD plant (UPDATE)

December 4, 2013 4:01 pm Leave a comment

A Green Bay, Wis.-based beef processing company has submitted the minimum $12.75 million bid for an idled South Dakota plant, according to court paperwork filed Wednesday.

Tagged with: auction bankruptcy

Bankruptcy doesn’t always bust a business relationship

July 18, 2013 3:19 pm Leave a comment

Bankruptcy is an ever-present feature of the business landscape.

Tagged with: bankruptcy construction law

Subcontractors struggle to collect payment

April 25, 2011 12:00 am Leave a comment

Delayed payment on a job nearly took Ron Groth’s commercial concrete and masonry business under in 2009, as he depleted his retirement savings to keep the company afloat.

Tagged with: bankruptcy Subcontracting

Milwaukee Archdiocese bankruptcy filing clouds Cousins Center sale

January 5, 2011 4:21 pm Leave a comment

By Marie Rohde The Archdiocese of Milwaukee’s Chapter 11 bankruptcy filing could delay any redevelopment of the Cousins Catholic Center in St. Francis. No offers are on the table to develop the mostly vacant archdiocese headquarters, said Jerry Topczewski, spokesman ...

Tagged with: bankruptcy Barry Mandel redevelopment